NFTs – Non-Fungible Tokens and IP – Interview with David Johnson – EUIPO Soundmarks – IP Fridays – Episode 121
IP Fridays - your intellectual property podcast about trademarks, patents, designs and much more
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What Is an Nft?
An nft is a non tungable token that's managed through a decentralized ledger. Unlike things like bit coins or other crypto currencies, an nft is not freely exchangeable for something else. The smart contract behind it is recorded on the block chain and it proves your ownership of the car. It's supposed to be permanent record of your ownership.
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